Mondelez delivered yet another all-around beat as it benefitted heavily from the persistent snacking trend across the globe despite the resumption of foodservice. The management continued its acquisition-led growth strategy and went on the acquire European cake and roll manufacturer Chipita for a consideration of $2 billion. With this acquisition, Mondelez added another $580 million to its top-line growing at a high-single-digit rate and of course, 13 production facilities. The positive snacking ....
04 Aug 2021
Mondelez International Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Mondelez International Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
04 Aug 2021 -
Author:
Ishan Majumdar -
Pages:
14
Mondelez delivered yet another all-around beat as it benefitted heavily from the persistent snacking trend across the globe despite the resumption of foodservice. The management continued its acquisition-led growth strategy and went on the acquire European cake and roll manufacturer Chipita for a consideration of $2 billion. With this acquisition, Mondelez added another $580 million to its top-line growing at a high-single-digit rate and of course, 13 production facilities. The positive snacking ....